Watch CNBC's full interview with Treasury Secretary Scott Bessent

    Bessent says U.S. could sanction China over AI model ‘theft’

    U.S. Treasury Secretary Scott Bessent during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have been distilled from…

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      What ‘China Opportunity 2.0’ Could Mean for Africa

      Chloe Maluleke|Published 1 hour ago Late last month in Dalian, at the World Economic Forum’s Annual Meeting of the New Champions, Premier Li Qiang used a phrase that has been circulating in policy circles ever since: China opportunity 2.0. He was pushing back against a more pessimistic label some Western commentators have started using, (China…

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      A woman's hand presses against a plastic sheet used to replace the shattered glass of a balcony door damaged in an Israeli strike in the southern port city of Tyre, Lebanon, Friday, June 19, 2026. (AP Photo/Hassan Ammar)

      UN Sanctions Armed Groups’ Leaders in Eastern Congo

      KINSHASA, July 17 (Reuters) – The United ⁠Nations ⁠Security Council has ⁠imposed sanctions on leaders of armed groups ​operating in eastern Congo including Rwandan-backed AFC/M23 rebels ‌and the Democratic Forces for ‌the Liberation of Rwanda (FDLR), which fights ⁠alongside the ⁠Congolese army. • The conflict in eastern Congo is ​rooted in the fallout from neighbouring…

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      A woman's hand presses against a plastic sheet used to replace the shattered glass of a balcony door damaged in an Israeli strike in the southern port city of Tyre, Lebanon, Friday, June 19, 2026. (AP Photo/Hassan Ammar)

        China Says US Will Restore Hong Kong’s Special Trade Status

        BEIJING, July 17 (Reuters) – The United States is set to ⁠restore ⁠Hong Kong’s special trading status, revoked ⁠in a 2020 order by U.S. President Donald Trump in response to ​Beijing’s imposition of a national security law in the financial hub, China said on Friday. The year-long executive order, implemented ‌on July 14, 2020 during…

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